Managers of Wealth Africa

New empowerment model crucial for South Africa’s construction sector: Standard Bank

The last decade has seen a significant ‘brain drain’ in South Africa’s construction sector.

Old Mutual raises $320m for Africa infrastructure deals

Old Mutual to invest in transport, power and energy projects across sub-Saharan Africa.

Stanbic Bank lends UAP Sh2bn for bond payment

“Stanbic Bank provided UAP with the entire amount,” a source said.

Sanlam Kenya partners with Japan’s Sompo Holdings in expansion drive

The agreement allows Sompo to continue to expand its Japanese influence and investment in Africa and specifically in East Africa where Kenya is attracting substantial Japanese investment interest.

Nedbank’s billion-rand debt financing deal with Kenya’s Centum

The bank’s financing pipeline in the rest of Africa has now grown beyond the R4.5bn mark.

China pulls out of Kenya after building a railroad to nowhere

The reason for China’s attack of cold feet might lie in the project’s high profile.

East Africa: Private Equity Investment As A Means Of Creating Value

Over the course of the last six years, a total of more than 1 000 PE deals – worth in excess of US$25 billion – have been concluded in Africa and close to 200 those have taken place in the East Africa region.

GIAP and others bet big on African real estate

Many African property investors are expecting the gradual roll-out of REITs across Africa to deliver several benefits

Didi plans Middle East and North Africa expansion

China’s largest ride-hailing platform is about to bookend Asia.

Investors jittery as losses rise to N1.31tr

The stock market had traded negative in six of the seven past trading sessions, causing panicky investors to invoke open market orders and dump stocks at lower prices.

InsuResilience Investment Fund acquires stake in Royal Exchange General Insurance Company

The InsuResilience Investment Fund and Royal Exchange General Insurance Company have signed an agreement according to which the Fund will acquire a 39.25% equity stake and appoint nominees to the Board of Directors.

Rhinos Come to the Bond Market, and Other Species May Follow

Bond seen as test for creation of conservation debt market

South African State Pension Fund to Invest More Offshore

Moving more GEPF cash offshore could send shockwaves through South Africa’s listed companies, many of which count the PIC as its biggest shareholder.

Investor confidence in Africa is returning

FDI inflows have risen due to advances in regional integration, the digital economy, infrastructure development and agribusiness

FNZ acquires German investech Ebase for €154m

“Ebase is a well-established investment platform and leader in the digitisation of wealth management solutions, known for its performance in the German financial services market,” Durham adds.

Africa free trade: $1b fund to offset losses

The agreement has already been ratified by 27 of Africa’s 55 countries, with Eritrea the only one yet to sign.

African banks should follow world trends

In April this year, 14 leading global financial institutions came together to create the Trade Finance Distribution Initiative in an effort to establish the US$25 trillion trade finance industry as a more appealing asset class for institutional investors.

Alternative Investments